Hb Reavis
Hb Reavis, a leading international property development company, is headquartered in Luxembourg (LU) and operates across major regions in Europe, including the UK, Poland, and Slovakia. Founded in 1993, the company has established itself in the commercial real estate sector, focusing on office spaces, mixed-use developments, and urban regeneration projects. With a commitment to innovative design and sustainability, Hb Reavis offers unique solutions that enhance the workplace experience. Their core services include property development, investment, and asset management, all aimed at creating environments that foster productivity and well-being. Notable achievements include several award-winning projects that reflect their market position as a forward-thinking leader in the industry.
DitchCarbon Score
How does Hb Reavis's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hb Reavis's score of 51 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hb Reavis's reported carbon emissions
In 2022, HB Reavis reported total carbon emissions of approximately 210,788,000 kg CO2e. This figure includes 2,056,000 kg CO2e from Scope 1 emissions, primarily from stationary and mobile combustion, and 27,617,000 kg CO2e from Scope 2 emissions, which encompass purchased electricity and heat. The majority of their emissions, about 181,114,000 kg CO2e, fall under Scope 3, with significant contributions from capital goods and downstream leased assets. HB Reavis has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, based on a 2021 baseline. Additionally, they are committed to achieving net-zero emissions by 2050, with an overall target to reduce total emissions (Scopes 1, 2, and 3) by 90% by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to the 1.5°C climate goal. The emissions data and reduction targets are cascaded from their parent company, HB Reavis Holding S.A., which operates from Luxembourg (LU). The company is actively working towards these goals, demonstrating a proactive approach to sustainability in the real estate sector.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 2,706,000 | 0,000,000 |
| Scope 2 | 12,159,000 | 00,000,000 |
| Scope 3 | 203,748,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hb Reavis is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
